Code of Federal Regulations · Section

§ 1202.101 — Standards For Reporting And Paying Royalties

30 C.F.R. § 1202.101

View:

Oil volumes are to be reported in barrels of clean oil of 42 standard U.S. gallons (231 cubic inches each) at 60 °F. When reporting oil volumes for royalty purposes, corrections must have been made for Basic Sediment and Water (BS&W) and other impurities. Reported American Petroleum Institute (API) oil gravities are to be those determined in accordance with standard industry procedures after correction to 60 °F.

30 C.F.R. § 1202.100

Authorizing Statute

Definitions
43 U.S.C. § 1301
Leases of allotted lands for mining purposes
25 U.S.C. § 396
Lands subject to disposition; persons entitled to benefits; reciprocal privileges; helium rights reserved
30 U.S.C. § 181
Departmental regulations
5 U.S.C. § 301